Interups Inc (ITUP)

[palaypu0406]

Dear all ---
As I have explained earlier, whenever a large remittance happens, it is a standard process and procedure to have both tax and FEMA clearance.
And there is a certain regulatory procedure that typically should be followed. Typically, if there are any clarifications, we would have received by now - in the worst case scenario within the 45 days time frame though it will stretch up to 90 days especially when transactions are of large value and the transfer is for the first time.
Regulatory will ensure that every thing is in proper order.

This said, if we are getting beyond 24th January, I am planning to address the promise in a different way which I am sure everyone will throughly be pleased....
I will post my message on this later today evening once I receive fresh updates on the timelines,

Laxmi Prasad